As Nepal is highly reliant on external sources of finance for its socio-economic development, with personal remittance inflows consistently exceeding 25% of GDP, the country is experiencing a structural shift from an “agriculture-based subsistence economy” to a “remittance-based consumption economy”.
The protests in September 2025 offer another open moment in Nepal’s history. The best tribute to those who lost their lives, whether to indiscriminate state action or the violence of arsonists, is not despair but a determined reconstruction.
It is evident that using the same ingredient, same recipe, and same chef will not deliver a different dish. Even in the business world, we need fresh blood in leadership with innovative ideas, energy, and approaches reflecting the needs of current times.
Nepal’s natural resources hold vast potential for sustainable growth, but a shift from conservation-focused policies to sustainable use is needed.
While government inertia is often blamed, businesses that finance politicians must also bear the responsibility for blocking reforms.
From 2018 to 2024, REDD+ program reduced approximately 2.4 million tonnes of CO₂ emissions. At a rate of USD 5 per tonne, this resulted in an income of NPR 1.06 billion.